Export Processing Zones are geographical enclaves that have legally been excepted from the country´s normal customs …

equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …

unemployment, undue instability, and excess debt. …

unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage … effects. They strengthen labor supply both in terms of job search intensity, leading to lower unemployment rates, and hours …

Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test … the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates … related to unemployment for South African adults as to be expected in richer countries. Reported well-being levels are shown …

In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a … model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …